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Finding true market value remains a challenge

Any expectation of a global equity market recovery in the second half of 2009 is too optimistic, says Aberdeen fund manager Jamie Cumming.

Jamie Cumming is an Edinburgh-based senior investment manager on the global equities team. Jamie joined Aberdeen via the acquisition of Edinburgh Fund Managers in 2003, where he was an investment manager on the Japanese equities team. Previously, Jamie worked for Grant Thornton Chartered Accountant and is a member of the Institute of Chartered Accountants in Scotland as an audit senior. In that position, he was responsible for auditing a wide variety of companies and pension schemes in Scotland. He shares his outlook for the global economy and the global equity market.

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